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The information for Perseus Company, shown in the following chart, is available from Perseus's time records and the employees' individual earnings records for the pay
The information for Perseus Company, shown in the following chart, is available from Perseus's time records and the employees' individual earnings records for the pay period that ended on December 22. Name Hours Worked Earnings at End of Previous Week Class Total Earnings Federal Income Tax Other Deductions Beals, C. 44 62,240.00 1.650.00 Sales 193.37 UW 25 Hines, V 40 120,540.00 2,841.00 Sales 445.03 AR 95 Gore, L. 40 72,000.00 1,872.00 Sales 182.90 UW 25 Moreland, J. 46 34,090.00 1,040.00 Office 46.00 UW 35 Lindel, K. 43 43,450.00 2.010.00 Office 58.00 75 AR Nordello, Y. 42 46,000.00 2,200.00 Office 67,00 UW 25 Regan, W. 43 52,640.00 1,120.00 Office 65.00 AR 25 Troutman, D. 40 64,000.00 1,310.00 Sales 90.00 UW 20 Additional Information: Taxable earnings for Social Security are based on the first $118,500. Taxable earnings for Medicare are based on all earnings. Taxable earnings for federal and state unemployment are based on the first $7,000. The company does not pay for overtime hours. What you must do: Complete the attached fillable payroll register 2. To assist, use the following information: . a Social Security tax rate of 6.2 percent a Medicare tax rate of 1.45 percent. Concerning Other Deductions, AR refers to Accounts Receivable and UW refers to United Way. Begin payroll checks in the payroll register with No. 2820. EARNINGS DEDUCTIONS PAID Social Medicare Federal Charitable Contribution Retirement Net Ck. Employee Name Total Hours Regular Overtime Total Total Tax Income Savings Pay No. Security Tax Tax
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